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20121129
20121207
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Search Results 66 to 87 of about 88 (some duplicates have been removed)
PBS
Nov 30, 2012 3:00pm PST
day closer today to automatic tax hikes and spending cuts, the so-called "fiscal cliff". the president took to the road, while republicans warned there's a deadlock in efforts to reach a deficit deal. >> now, of course, santa delivers everywhere. i've been keeping my own naughty and nice lists for washington. >> warner: the president chose a seasonal setting, a toy factory in hatfield, pennsylvania, and holiday imagery to press again for extending tax cuts for the middle class. >> if congress does nothing, every family in america will see their income taxes automatically go up on january 1. i mean, i... i'm assuming that doesn't sound too good to you. >> no. >> that's sort of like the lump of coal you get for christmas. that's a scrooge christmas. >> warner: in washington, republicans portrayed the road trip as so much humbug, at a time, they said, when negotiations are going nowhere. >> there's a stalemate. let's not kid ourselves. >> warner: house speaker john boehner said republicans remain willing to raise revenues, but not by raising tax rates. and he charged the white house isn't
CNBC
Nov 29, 2012 1:00pm EST
points. republicans realizes taxes are going to go up, everyone realizes what's going to happen to rates. what we still don't know, what are the democrats proposing to really cut. put on the table, get it out there and let us know what it is. >> how volatile do you think this market is going to be the longer this goes? >> i think if you're the day trader type you absolutely trade it because you love volatility because that's how you're going to make money. if you're the long-term person, i don't think you chase it at all. i think you remain patient, stay on the bid side, let prices come to you because i think they will come to you. the longer this goes on the more frustrated this market is going to get. then it will start to make et cetera own own and we know what happens then. >> thank you, kenny. eggs and purgatory, tyler. that's the recipe of the day. i think it is quite apropos. >>> house speaker boehner voicing his disappointment over the state of the debt talks. so is there still a chance for a deal before the end of the year? here to explore that and more, representative bill pask
MSNBC
Dec 4, 2012 2:30am PST
offer on tax reforms and spending cuts. the gop plan consists of $2.2 trillion in saving officials a decade including raging the age for medicare from 65 to 67 and lowering the cost of living increases for social security benefits. they also propose overhauling the tax code to generate $800 billion in new revenue but without raising taxes on the wealthy. frn in a letter to the president, republicans attempted to sell the offer as the erskine bowles plan, comparing it to the same offer he drew up last year. >> i think he'd disagree. >> the co-chair of obama's deficit commission, but yesterday mr. bowles flatly rejected that connection. meanwhile, the white house is turning to campaign style messaging as a reminder of whose tax plan was chosen in the court of public opinion on election day. >> under my plan, first of all, 98% of folks who make less than 250,000, you wouldn't see your income taxes go up a single dime. all right? because you're the ones who need relief. but we're not going to be able to get it done unless we also ask the wealthiest households to pay higher taxes on the
Current
Dec 4, 2012 11:00pm PST
sparing the top earners from any more taxes. tea partyers object to raising any revenue at all. on the other side the president is not pleased with boehner's plan because he said there would be no deal without higher tax rates for the wealthy. >> obama: if we're going to raise revenues that are sufficient to balance with the very tough cuts that we've already made, and the further reforms and entitlements that i'm prepared to make, then we're going to have to say the rates on the top 2% go up, and we're not able to get a deal without it. >> jennifer: and jay carney piled on the g.o.p. plan. >> we don't know who pays. we don't know what we're talking about in terms of actual legislation to increase revenue. it's magic beans and fairy dust. >> jennifer: magic beans and fairy dust. those are fighting words--frilly fairytale fighting words but still fighting words and boehner came back with a few verbal jabs of his own saying, quote, if the president really wants to avoid sending the economy over the fiscal cliff he has done nothing to demonstrate it. but even as the democrats poun
CBS
Nov 29, 2012 7:00am PST
all agreed to, which is let's keep middle class taxes. we don't have a lot of time. >>> secretary geithner is up on capitol hill to lead negotiations on the fiscal cliff talks. >> you're not going to grow the economy if you raise taxes on the top two rates. that's not the right approach. >>> string of nasty storms barreling into the west coast. powerful winds have started knocking out power. >> just need to get to the other side of town. i don't have a choice. >> picked a bad day to do it? >> yeah. >> u.s. embassy in cairo is closed. the entrance is blocked by protesters as clashes erupt nearby. >> zebra and s hechlt tland pony ran wild through the streets of new york city. they apparently escaped from a petting zoo. >>> nypd says actress lindsay lohan has been raefed and charged with assault. >> three, two, one. >> only nbc would make a television event out of plugging something in. >> all that -- >> oh, humphries and rondo get into it. officials trying to get control here. >> don't tell me what i think. when i said i didn't have a problem, i don't have a problem. got it? >> and
CNN
Nov 30, 2012 6:00am PST
yesterday. it calls for $1.6 trillion in tax increases over a ten-year period more than republicans had anticipated. in addition to that, $400 billion in spending cuts that will come later. much of that not really specified. we're looking at entitlements such as medicare. and then the plan also includes $50 billion in stimulus spending. democrats see this really as sort of the opening salvo in these negotiations. early on in this process, both sides appear to show some level of optimism that this would get done. in the last few days and certainly yesterday it just seems like both sides are so far apart, it's not unusual for us to see this kind of posturing and other negotiations, tough negotiations over the last four years or so. you'll see things build up whether it appears that it's going to get done. then they fall apart. in the end it does happen. the hope is that that would happen here as well. both sides seemingly far apart still. >> neither side, dan, wants to say anything that would potentiallyg suggest they're giving up any leverage. republican aides say the white house author
CNBC
Nov 29, 2012 2:00pm EST
it's been holding up extremely well. remember all those concerns about higher taxes on dividend? the dow utilities bottomed several weeks ago. okay, it is not a gigantic move but the slope has been upward. utilities are among market leaders today. all right, fractional but it is a fairly broad advance. what about those concerns about the mortgage interest desucduct? nice little advance in some of the home builders. pending home sales above expectations. the market believes some kind of deal is coming and that it is going to be substantive. if it doesn't happen, then we're all going to pay the price in the next month or so. >> a lot of prices to be paid. >>> as the market is clearly blowing in the breeze with every single comment from both sides of the political aisle, we wonder whether or not these comments are anything more than just hot air. eamon javers, what say you? >> well, there's a lot of hot air up here on capitol hill, mandy. i just had the chance -- not that he was talking about hot air, but i just spoke briefly with former republican vice presidential candidate paul
CNBC
Nov 29, 2012 4:00am EST
is signaling he's flexible on on where tax rates should go for the wealthiest americans. a return to the clinton era tax rates would have households pay between 36% to 39%. the president met with a group of 14 ceos wednesday afternoon. they offered support for resolving the if i can crisis with a proposal for higher taxes for those who make more than a quarter million dollars a year. sdl bo >> both sides have acknowledged that there will be revenue concessions and sbilgtment cent concessio concessions. i'm not a master of the political art here, but i would say if you have these point of views in a business context as close as they are, i would say a deal would be in reach. >> ford chairman bill ford junior agrees with blankfein saying he's confident the obama administration can reach a deal with congress to avoid the fiscal cliff. but speaking with reporters in bangkok, he says the automaker is prepared for any outcome. cnbc has learned the completion of the so-called volcker rule is being delayed until the end of the first quarter of next year instead of the end of this year. th
FOX News
Dec 6, 2012 10:00am PST
. we're not going to go after a facility that spends billions of our tax dollars on securing their networks. we're going to go after somebody who works outside, somebody who has access to internal resources. it's called a u-turn attack. what they do is they find that weak link such as a home computer or a personal computer belonging to a former admiral or cia agent, and they attack that. they get access to that, and then they use their vpn connection inbound to get access to the same resources he would have access to or she would have access to based on their security level. megyn: because we're hearing more and more of this. they say the fbi's looking into -- it's not just admiral mullen. apparently, there have been several hacking attempts, some successful, mom not, on -- some not, on former officials who work on their potential computers. but in the case of admiral mullen, it was on the grounds of the u.s. naval academy, but that doesn't matter. they break into the computer from, you know, around the world. it's not like they have to sneak on to the naval academy to access
CNBC
Nov 29, 2012 12:00pm EST
. if they drag it out and they don't get substantive issues on the table like cuts as well as taxes, then we're going to be closer to the cliff. that's why all these special dividends. that's why costco borrowed $3 billion to pay that $7 special, judge. that's not a good sign. >> josh, yesterday the dow was up 100 then down 100 -- or down 100 then up 100, whatever you want to say, for the first time in a year, since october 2011. >> i have friends in the swing trade community. i got to tell you i have not heard this much negativity from these guys. these are guys that will typically put on a position for one to five days. they say this atmosphere right now is really difficult because it's almost a coin toss what's going to happen from one hour to the next when we're back in this headline mode. that's exactly where we are. i think if you're an investor here and you're looking to capture some of these whip saw moves, really have to know what you're doing. if not stick with what you like and stay liquid which has been the approach we've taken. >> joe, amazing volatility in the market. 200 point
CNBC
Nov 29, 2012 5:00pm EST
the implications starting with what aides describe as the white house wanting $1.6 trillion in tax increases up front as part of any new deal. the white house wanting to continue the payroll tax credit or similar policy. the white house saying that it wants a permanent increase in the debt limit and pushing a one-year extension of jobless benefits plans. this one will be the kicker, i think, to any deal that might or might not get hashed out on capitol hill. "the wall street journal" reporting that republican aides are saying that the white house would like to see at least $50 billion in new spending to spur the economy. so in a debate we're seeing over spending cuts, "the wall street journal" now reporting at the top of this hour that the white house would like to see $50 billion in new spending. that's a new one. that might figure into a little bit of the rankor we saw on capitol hill. it goes against what harry reid told me today. i asked the democratic leader in the senate whether or not geithner had made a specific new offer today. he told me no, no new offer from geithner today. he said t
Comedy Central
Dec 3, 2012 11:00pm PST
. anyone? it's jesus! we bestow one of them tax-exempt status. why isn't christianity a religion? >> christianity is not an organized religion. a church that can be imposed. christianity is a philosophy. you don't have to believe jesus is god in order to admire his view on life. >> jon: no. but you have to believe jesus is god to be a cristian. for instance, i like a lot of jesus' philosophy. love your neighbor. a little cheek turning. stone not casting. it's very nice. but while i can get an "a" in his philosophy class, i don't get to go to the after party. you get what i'm saying here? so you want to do this at my place or your place because [bleep] we'll be right ( cheers and applause ) >> jon: welcome back to the show. as we all know, of our congress' two houses the lower house the house of representatives is a dumping ground for morons at which any [bleep] can get elected. to get electedded to the upper house you have to be among this nation's most reasoned and revered [bleep]. who keep voting year after year to continue what are known as the rules of the senate. >> you know
FOX Business
Nov 29, 2012 3:00pm EST
. if we can bridge the fiscal cliff and get a comprehensive tax reform and entitlement reform, you would see a market significantly higher. tracy: we have had some earnings that look positively dismal. it is a very big pricey discretionary product, but they miss earnings, that is a real fundamental, isn't it? speak we still have the s&p profit growth that is positive. you cannot continue to have double-digit earnings growth as he diyou did for 10 consecutive quarters. if we get through this cliff in the back half of 13, gdp growth rate accelerates as we anticipate and profit growth as well. tracy: if your liking big multinationals, you don't like europe yet you like the multinationals. help me wrap my mind around that. >> u.s. large caps are cheap, most of those in mall to nationals. but they don't deserve to be cheap. it is going to be a while before you get any sustained growth. you can't make that case the multinationals. it is relatively speaking a small part. the big part of the global exposure is the emerging markets. tracy: you obviously are very bullish equity sky. you have to be
CSPAN
Nov 30, 2012 8:00pm EST
.0 #. the 2001 tax cuts about to expire. senator reid on the floor, the democrats did not want to extend all tax cuts, just some of the tax cuts, and he was trying to create an impression that, at the time, that republicans were obstructing the process and what the democrats wanted to do, but in reallots what reid was trying to do, i believe, was set the agenda and create an environment so that he could win politically and set up after the quote, a rare weekend session in the senate where he had two votes, no republican amendments allowed, and he set this up to show that republicans were obstructionists, and that they would not go along with what he said was good for the country, and this was a public relations ploy designed to shift attention from the democrats inability to come along with what republicans wanted to do, which is fine, their prerogative k to republicans saying we don't want to go along with what the democratsment to do. in short, he was seeking to control the agenda, and i think that's the real issue here. certainly, there are times when minorities of both parties obstruct the m
CSPAN
Nov 30, 2012 11:00pm EST
today. it was the fiscal cliff 1.0. the tax cuts were set to expire and senator reid was on the floor. the democrats did not want to extend all the tax cuts. they only wanted to do some of the tax cuts. and he was trying to create an impression of the time that republicans were obstructing the process. but in reality, they were respecting the agenda and creating an environment that they can win politically. and he said right after this quote, a rare weekend session in the senate -- he had to senate's side by side. no republicans and he set this up and show that republicans were obstructionist. but they would not go along with what he said is that the country. this is a public relations ploy designed to shift the democrat ability to go along with what republicans have to do. the republicans are saying we don't want to go along with what the democrats want to do. in short, he was seeking to control the agenda and i think that's the real issue. certainly, there are times when minorities of both parties both needed to or wanted to. but the real issue is one of agenda control. we actually
CSPAN
Nov 29, 2012 5:00pm EST
senate leader reid is pursuing. then a guest from politico examines tax credits aimed at families and businesses that will be impacted if congress does not act on the so-called fiscal clef. beginning at 7:00 a.m. eastern on c-span. today in new york at the united nations, the general assembly voted 138-9 with 41 countries abstaining to recognize the state of palestine. it updates the palestinian status to a non member observer state at the united nations. after the vote, u.s. ambassador to the u.n. susan rice said the vote places further obstacles in the path of peace. here are comments -- are about five minutes. >> thank you, mr. president. for decades, the united states has worked to help achieve a comprehensive end to the long and tragic arab-israeli conflict. we have always been clear that only through direct negotiations between the parties can the palestinians and israelis achieve the peace that both deserve. two states 4 two peoples with a sovereign, a viable, an independent palestine living side-by-side in peace and security with a jewish and democratic israel. that remain
MSNBC
Dec 2, 2012 7:00am PST
wing of the country and of the electorate. not anti-tax, anti-government spending. the tea party. you did get new voices talking in a different way. rand paul is not talking in the same way that a rick santorum or a newt gingrich has talked about. marco rubio doesn't talk. mike lee, there's a lot of different people who talk differently here. one question, chris christie is another. this class of 2010. that is an interesting wing. it's unclear whether that wing, if it is indeed a coherent wing, will now lead the discussion of the republican party. i think mitt romney, the analog to him is john kerry. he was a presentable, i think the other guys might not hate him type of former massachusetts -- >> went back into the senate afterward. >> the moment that he disappeared, that's the last you heard about john kerry from any democrat. he was like, enough, we're not going to do that again. there's a lot of republicans saying enough, we're not going do that again. the question is okay, what are you going to do that's different? from my perspective, i don't believe what a lot of democrats fear
Current
Dec 4, 2012 2:00pm PST
predictability from our government. they realize that our taxes are going to be up a little bit. they know there is going to reform to social security and medicare, they want to know so they know how to plan for their companies. i hope it's resolved before i get there if not so be it, i see this as an opportunity for america to lead the way. china is slowing down. india is slowing down. europe is in a recession. south america is slowing down. we have an opportunity to lead out of this mess. i hope we take the lead. >> jennifer: everyone wants to prevent going over over the cliff you still will have a lot of issues on how best to lead the country forward. allen west will be gone but there will be tea partyers remain. how do you work with people who think compromise is a bad word? >> look, i was just earlier with the republican part of my district today and met with a lot of republican commissioners. the message i told them is what i told everybody. whether you're a republican, democrat, i have an open door. i want to hear your thoughts, your concerns and i want to be your voice in washingto
Search Results 66 to 87 of about 88 (some duplicates have been removed)